They spin up each node on your device, not on digital ocean. It doesn't cost anything to run software on your phone.
Many lightning wallets run a node on your phone, including breeze, phoenix, and simple bitcoin wallet. Mutiny just runs several. It helps that a full lightning node does not have huge storage and bandwidth requirements like a full bitcoin node does.
Mutiny utilizes pLN (the private lightning wallet) and offers privacy as the only option. The architecture uses Sensei as a basis. It is both cross platform and self-hostable. Mutiny offers few features but preserves privacy at all cost.
Here here, by decree, I name Mutiny to be the official wallet of the Federal Reserve. I will tell my whipping boy, Jerome, to download the wallet asap!
Future Plans
• Receive with route blinding • Local zero conf channels (virtual channels) • Multi-node pay • Vortex / Coin Join integration • LSP Integration • Tor only • Sporadic payments
This seems great. One of the caveats seems to be that its send only but they seem to be planning to implement receiving as well with route blinding.
pLN readme: "DO NOT USE THIS ISN'T EVEN ALPHA YET"
How can they make this work financially?
They claim to "spin up a node for every channel".
Say every node is on DigitalOcean, where one instance costs ~$11 PER MONTH.
How on earth are they paying for that?
They spin up each node on your device, not on digital ocean. It doesn't cost anything to run software on your phone.
Many lightning wallets run a node on your phone, including breeze, phoenix, and simple bitcoin wallet. Mutiny just runs several. It helps that a full lightning node does not have huge storage and bandwidth requirements like a full bitcoin node does.
Emojis at the end of titles please.
👍
Thanks. Makes it easier to scan titles.
Mutiny utilizes pLN (the private lightning wallet) and offers privacy as the only option. The architecture uses Sensei as a basis. It is both cross platform and self-hostable. Mutiny offers few features but preserves privacy at all cost.
looks cool
Here here, by decree, I name Mutiny to be the official wallet of the Federal Reserve. I will tell my whipping boy, Jerome, to download the wallet asap!
Sweet! Looking forward to getting my hands on it.